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The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe visited the facilities of Samsung Heavy Industries Nigeria (SHIN), and Africoat Nigeria Limited, a pipe coating plant, located at Takwa Bay, Lagos. The visit is consistent with Ogbe’s determination to assess oil and gas facilities across the country as a prelude ...
...Defends fuel importation as global industry practice Following allegations prompted by a trending video that the Nigerian National Petroleum Company (NNPC) Ltd PMS doesn’t last, the Group Chief Executive Officer of NNPC Ltd, Mr. Mele Kyari has flayed the allegations. Recall that the NNPC Ltd had over the weekend in a statement clarified that its ...
Heirs Energies is set to convene the 2025 Heirs Energies Leadership Forum: Industry Leaders Discourse (ILD). Convened by Tony O. Elumelu, Chairman of Heirs Energies, the 2025 Heirs Energies Leadership Forum will bring together government decision-makers, global energy CEOs, and sector pioneers on Thursday, 20 February 2025, at the Transcorp Hilton, Abuja. This high-level gathering ...
The Rural Electrification Agency, REA, Monday, disclosed that there are over 20,000 communities across the country without electricity supply. The Managing Director, REA, Mr Abba Abubakar Aliyu who disclosed this at the inauguration of two mini-grid projects in Bakin Ciyawa and Kwande communities, Qua’an Pan LGA, Plateau State, said the projects built under the Interconnected ...
The Nigerian Content Development and Monitoring Board (NCDMB) and Starzs Gas Limited have expressed optimism about the growth of Nigeria’s gas subsector and its potential to drive industrialization. Their confidence was noted during the groundbreaking ceremony for a Compressed Natural Gas (CNG) Mother Station in Iwhreken, Ughelli South, Delta State. Speaking at the event, the ...
By Seun Ibiyemi The Abuja Electricity Distribution Company says electricity consumers in the Federal Capital Territory (FCT) will begin to enjoy full power supply from Feb 23. The company said this in a statement on its X handle in Abuja on Monday. It said the ongoing restoration efforts by the Transmission Company of Nigeria (TCN) ...
Ogun State Governor, Prince Dapo Abiodun has disclosed that an Independent Power Plant that would provide 24-hour of uninterrupted electricity to most parts of Abeokuta, the state capital, would be ready for commissioning in the next eight weeks. Governor Abiodun stated this after inspecting the 30 Megawatts power plant located in Onijanganjangan, near Ewekoro. He ...
By Seun Ibiyemi The Transmission Company of Nigeria (TCN) has confirmed that no system collapse has occurred this year, despite some instances of line tripping. The company made this statement on its X (formerly Twitter) account over the weekend, addressing concerns about recent grid issues. “TCN management would like to reiterate that there has been ...
Dangote Refinery has refuted claims that fuel allegedly purchased from a filling station owned by the Nigerian National Petroleum Corporation Limited (NNPCL) originated from its refinery. Speaking to journalists on the condition of anonymity, Dangote Refinery officials stated that Nigerians are well aware of the superior quality of the Premium Motor Spirit (PMS) produced by ...
Shell has unveiled a series of strategic initiatives designed to enhance local content in Nigeria’s oil and gas sector, aiming to foster partnerships, build capacity, and ensure regulatory compliance to maximise value for local businesses. Shell’s Media Relations Manager, Gladys Afam-Anadu, shared the news in a statement issued in Lagos. She highlighted insights provided by ...
The National Association of Road Transport Owners (NARTO) has urged the Federal Government to reconsider its proposed ban on 60,000-litre capacity tankers, which it claims would result in a devastating loss of N300 billion in investments. Speaking to journalists in Abuja on Sunday, NARTO President, Yusuf Othman contended that these large-capacity tankers are not to ...
The Nigerian National Petroleum Company Limited (NNPC Ltd.), says that the Premium Motor Spirit (PMS), known as fuel, being dispensed at its various retail outlets is high quality. The NNPC Ltd. in a statement issued by its Chief Corporate Communications Officer, Olufemi Soneye said that the clarification was necessary following a misleading viral video online, ...
Shell has identified key enablers for boosting local content in the oil and gas industry, saying strategic partnerships, capacity building and adherence to regulations would help Nigeria to derive more value from the participation of local business in such operations. The remark was made by the General Manager, Nigeria Content Development of The Shell Petroleum ...
The Nigeria Mainstream and Downstream Petroleum Regulatory Authority (NMDPRA) has sealed seven filling stations in Kogi State over allegations of under-dispensing petroleum products to customers. The NMDPRA Kogi Coordinator, Mr Ogbe Godwin, made the announcement during a press conference on Thursday in Lokoja, where he also accused the stations of operating without authorisation for their ...
By Seun Ibiyemi The Organisation of Petroleum Exporting Countries (OPEC), has said that Nigeria’s average daily crude oil production has increased significantly to 1.539 million Barrels Per Day (bpd) in January. The country for the first time, met the OPEC production quota of 1.5 million bpd since it was set for the 2024 period ...
The Federal Government and the African Export-Import Bank (Afreximbank) has assessed the country’s readiness ahead of the commencement of operations of the Africa Energy Bank (AEB) in Abuja. A statement issued on Thursday by Special Adviser, Media and Communications, Nneamaka Okafor to Sen. Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil), stated that the ...
The Ogun State Government has firmly dismissed claims by its Ondo State counterpart regarding the ownership of Eba Island, where an oil well is currently under investigation. It emphasised that the island falls within Ogun State’s jurisdiction and cautioned against any attempt to stir communal tensions between the Ijebu and Ilaje peoples, who have historically ...
The Transmission Company of Nigeria (TCN) has announced the restoration of the Omotosho-Ikeja West Transmission line after it tripped on Wednesday. TCN’s General Manager for Public Affairs, Mrs Ndidi Mbah, confirmed in a statement on Wednesday that the line had been successfully restored and normal power supply had resumed in the affected areas. Mbah clarified ...
…Samsung to invest $300m in Nigerian Maritime By Omolola Dede Adeyanju The Nigerian Content Development and Monitoring Board (NCDMB) has called on African nations to optimise their supply chains in order to enhance local content development and drive economic growth. Speaking at the 9th Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC), officials from the ...
The newly appointed Chairman of Nigerian Bulk Electricity Trading (NBET) Company Sulaiman Muhammad Argungu has assured Nigerians of policies that would promote stability, transparency, and innovation in electricity trading in the country. He also said that a strong focus on sustainable and renewable energy solutions would be given priority attention by the company. Argungu, who ...
The Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has sealed two filling stations and a gas plant in Sagamu, Ogun, over alleged infractions. The NMDPRA Coordinator in Ogun and Surveillance team lead, Mr Akinyemi Atilola, who coordinated the exercise on Wednesday, said that the action was in order to safeguard the lives and properties ...
Engr Victor Bandele, DMD, Deepwater Assets at TotalEnergies has stressed the need for greater efficiency and collaboration for the energy industry in Nigeria to be competitive and attract investments. He also explained that the right environment increases the appetite to invest. Bandele and other company executives shared perspectives on Driving Africa’s Energy at a session ...
By Seun Ibiyemi Managing Director, Shell Nigeria Exploration and Production Company Ltd. (SNEPCo), Ronald Adams says Nigeria’s target of over 2.4 million barrels per day can be met, if ongoing reforms are sustained. He made this known in a statement signed by the Media Relations Manager of the energy firm, Mrs Gladys Afam-Anadu on Wednesday. ...
